Edible oil : The common man is going to get a big relief. The Modi government of the Center has approved the plan of Palm Oil Mission on Wednesday. The government has approved the Palm Oil Mission of Rs 11,040 crore to increase the availability of edible oils in the country. Let us tell you that palm oil is a kind of edible oil which is extracted from the seeds of the palm tree. It is used as edible oil in hotels and restaurants.
The Union Cabinet announced a new scheme- National Mission on Edible Oils- Oil Palm.
To make India self-reliant in edible oils. The Union Cabinet on Wednesday announced a new scheme- National Mission on Edible Oils- Oil Palm (NMEO-OP). This mission will reduce India’s dependence. This mission of the government will reduce the dependence on the import of palm oil and increase the income of the farmers. At the same time, the oil industry will also benefit. Let us tell you that the government has also announced an assistance of Rs 5 crore for setting up industries related to palm oil.
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PM Modi said on Twitter, ‘The government will invest more than Rs 11,000 crore through the National Mission on Oil Seeds and Oil Palm, so that farmers can get all possible help including better seeds and technology.
Two important decisions have been taken today.
Union Agriculture Minister Narendra Singh Tomar told reporters that the Government of India has taken two decisions today. The price of raw material of palm oil will be decided by the central government. Along with this, it has also been decided that if the market fluctuates and the price of the farmer’s crop decreases. Then the difference amount will be paid by the central government to the farmers through DBT. The amount which was given earlier has also been increased. In order to enable people to set up industries in the North-East region. The industry should also get Rs 5 crore. It has been decided to provide assistance to.
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